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Futures Movers: Crude prices slide on worries about oversupply, China virus fallout

Oil prices are under pressure Thursday as investors await supply data and watch for updates on China’s growing coronavirus outbreak......»»

Category: topSource: marketwatchJan 23rd, 2020

Futures Movers: Oil prices fall a third day on worries about oversupply, China virus fallout

Oil futures tumbled for a third session in a row on Thursday, with U.S. prices logging their lowest finish since late November, on fears that economic growth and oil demand may be hit by the spread of the coronavirus outbreak in China......»»

Category: topSource: marketwatchJan 23rd, 2020

Futures Movers: Oil prices remain under pressure after largest weekly slide since October

Crude-oil futures add to losses Monday morning, after last week producing their largest weekly loss since October as worries over renewed lockdowns and a sluggish vaccine rollout in parts of Europe continued to dog energy markets......»»

Category: topSource: marketwatchMar 22nd, 2021

Futures Movers: Oil prices climb as investors see slowdown in new coronavirus cases

Oil futures climb, with traders tying support to a slowdown in the number of new coronavirus cases in China, though worries about the impact of outbreak on crude demand continue to overhang the market as OPEC and its allies weigh an additional output cut......»»

Category: topSource: marketwatchFeb 11th, 2020

Futures Movers: Oil settles lower as worry about oversupply overshadows Middle East disruption

Crude-oil prices finish lower on Tuesday as investors appear to shake off worries of supply disruptions due to unrest in Libya and Iraq......»»

Category: topSource: marketwatchJan 21st, 2020

Futures Movers: Oil prices decline as worry about oversupply overshadows Middle East disruption

Crude-oil prices head lower on Tuesday as investors appear to shake off worries of supply disruptions due to unrest in Libya and Iraq......»»

Category: topSource: marketwatchJan 21st, 2020

Futures Movers: WTI oil slips, Brent gains as trade-linked demand worries play out against U.S. inventory drop

U.S.-based oil prices slip as an escalating trade battle between the Trump administration and China and its potential to dent energy demand offset the upward price pressure that might normally be expected from a surprise decline in U.S. crude inventories......»»

Category: topSource: marketwatchMay 9th, 2019

Futures Movers: Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns

Crude-oil prices head sharply lower on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt energy demand......»»

Category: topSource: marketwatchMay 7th, 2019

Futures Movers: Oil prices get a lift from China data as OPEC report suggests an uptick in demand

Crude-oil futures trade higher on Tuesday after a report on Chinese international trade provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities......»»

Category: topSource: marketwatchApr 13th, 2021

Futures Movers: Oil prices decline, on track to extend last week’s loss

Oil futures move lower on Monday, looking to extend losses from last week after Brent crude failed to hold above the key $70 mark, despite signs of strong demand out of China......»»

Category: topSource: marketwatchMar 15th, 2021

Futures Movers: Oil prices finish lower as worries about demand resurface

Crude-oil futures give up earlier gains on Thursday, with downbeat comments from Federal Reserve officials on economic activity and some doubts over producer compliance with OPEC+ output-cut agreement prompting prices to settle lower......»»

Category: topSource: marketwatchMay 7th, 2020

Futures Movers: Oil prices head higher as Saudi Arabia lifts prices, China crude imports climb

Crude-oil futures on Thursday climb, with U.S. benchmark prices up nearly 4%, finding support from Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months......»»

Category: topSource: marketwatchMay 7th, 2020

Futures Movers: U.S. oil prices jump more than 8% as Saudi Arabia lifts prices, China crude imports climb

Crude-oil futures on Thursday climb sharply, at least partly supported by Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months......»»

Category: topSource: marketwatchMay 7th, 2020

Futures Movers: U.S. oil prices trade more than 7% lower as traders say China-U.S. relations a source of tension for crude

U.S. oil prices head lower early Monday, with pers.....»»

Category: topSource: marketwatchMay 4th, 2020

Oil prices open down on persistent oversupply worries

U.S. crude futures fell more than 5% in early trade on Monday, paring last week's gains, on worries about oil oversupply and tempered hopes for an economic recovery as some U.S. states and cities around the world ease coronavirus pandemic restrictions......»»

Category: topSource: reutersMay 3rd, 2020

Futures Movers: Oil prices surge nearly 10% after Trump says Russia-Saudi feud can be resolved and as China reportedly builds reserves

Crude prices are climbing after comments from President Donald Trump over a damaging price war between Russia and Saudi Arabia......»»

Category: topSource: marketwatchApr 2nd, 2020

Oil prices slide for fifth day to lowest in a year as virus fears grow

Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude......»»

Category: topSource: reutersFeb 27th, 2020

Futures Movers: Oil slumps to 13-month low on fears of economic toll from coronavirus

Oil falls Wednesday, sending the U.S. benchmark to a 13-month low, as the spread of COVID-19 outside China feeds worries over demand for crude......»»

Category: topSource: marketwatchFeb 26th, 2020

Futures Movers: Oil drops nearly 4% as viral outbreak stokes worries about crude demand

Oil futures drop by nearly 4% on Monday as the spread of COVID-19 outside China underlines worries about a potential hit to crude demand......»»

Category: topSource: marketwatchFeb 24th, 2020

Futures Movers: Oil slumps 4% as viral outbreak stokes worries about crude demand

Oil futures fall sharply Monday, dropping 4% as the spread of COVID-19 outside China underlines worries about a potential hit to crude demand......»»

Category: topSource: marketwatchFeb 24th, 2020

Oil falls 1% as spreading virus compounds concerns over demand hit

Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush to cut output to buttress the market......»»

Category: topSource: reutersFeb 21st, 2020